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Why This DraftKings Analyst Is Turning Bearish Ahead Of Q4 Earnings
Thursday, February 9, 2023 - 11:50am | 237Shares of DraftKings Inc (NASDAQ: DKNG) started Thursday trading on a positive note, even after a steep rise through the week, before pulling back. Investor confidence in the company’s profitability narrative is likely to be hit by EBITDA losses exceeding consensus estimates...
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Roth Capital Upgrades JinkoSolar Holdings: What You Need To Know About UFLPA
Wednesday, January 11, 2023 - 12:29pm | 448U.S. Customs and Border Protection released a significant shipment of solar panels for sale in the U.S. market, after initially holding them under the Uyghur Forced Labor Prevention Act (UFLPA). According to ROTH Capital Partners managing director Philip Shen, the UFLPA release is going to be a...
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22nd Century To Raise $35M Via Registered Direct Offering
Thursday, July 21, 2022 - 10:32am | 40222nd Century Group, Inc. (NASDAQ: XXII) has entered into definitive agreements with institutional investors for the purchase and sale of 17.07 million shares of its common stock at a purchase price of $2.05 per share in a registered direct offering priced above market under Nasdaq rules. The...
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22nd Century Group Reports Q1 Net Sales Of $9M, Up 33% YoY, Net Loss Also Grows
Thursday, May 5, 2022 - 8:46am | 65222nd Century Group, Inc. (NASDAQ: XXII) reported results for the first quarter ended March 31, 2022.. The company will host a live audio webcast on May 5, at 10:00 a.m. ET. First Quarter 2022 Financial Results Net loss was $8.9 million, representing a net loss per share of $(0.05), comparing to...
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Flora Growth Raises $34.5M Via Public Unit Offering
Wednesday, November 24, 2021 - 12:17pm | 394Flora Growth Corp. (NASDAQ: FLGC) announced Tuesday the closing of its $34.5 million underwritten public offering of 11.5 million units. The Offering Details Under the offering, each unit consisted of one share of the company and one-half warrant; each whole unit warrant entitles the holder...
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2 ChargePoint Analysts Break Down Q2 Earnings
Thursday, September 2, 2021 - 11:03am | 426ChargePoint Holdings, Inc. (NYSE: CHPT), an operator of a network of charging stations in the U.S. and Europe, reported strong second-quarter results Wednesday. Here's what the Street has to say. The ChargePoint Analysts: Needham analyst Vikram Bagri maintained a Buy rating on...
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7 Peloton Analysts Break Down Q4 Earnings: 'Signs Of Softening Demand, Increasing Costs'
Friday, August 27, 2021 - 12:48pm | 712Peloton Interactive Inc (NASDAQ: PTON) shares dropped 8.3% on Friday morning after the home exercise company reported a sharp drop in revenue growth. On Thursday, Peloton reported a fiscal fourth-quarter adjusted EPS loss of $1.05, much larger than the 45-cent loss analysts were expecting. Revenue...
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Salesforce Stock Jumps After Q2 Earnings: 8 Analysts React To Big Deals And Impressive Growth
Thursday, August 26, 2021 - 4:04pm | 737Salesforce.com, inc. (NYSE: CRM) traded higher by 4.6% on Thursday after the company reported impressive second-quarter earnings numbers and raised its full-year guidance. On Wednesday, Salesforce reported second-quarter adjusted EPS of $1.48 on revenue of $6.34 billion. Both numbers exceeded...
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Why Plug Power's Top- And Bottom-Line Are Diverging
Friday, August 6, 2021 - 4:19pm | 718Plug Power Inc. (NASDAQ: PLUG) shares ultimately lost ground Friday following the release of second-quarter results by the hydrogen fuel cell energy company. Here's what the sell side has to say. The Plug Power Analysts: RBC Capital Markets analyst Joseph Spak maintained an Outperform...
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5 Salesforce Analysts Break Down Q1 Beat: 'Executing On Improving Growth And Margins'
Friday, May 28, 2021 - 4:39pm | 578Shares of Salesforce.com, inc. (NASDAQ: CRM) jumped 5.43% on Friday after the company reported accelerating growth in the first quarter and issued impressive full-year guidance. On Thursday afternoon, Salesforce reported first-quarter EPS of $1.21 on revenue of $5.96 billion. Both numbers...
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5 Intel Stock Analysts On Chipmaker's Q1 Results, Foundry Strategy, Investments
Friday, April 23, 2021 - 12:13pm | 906Intel Corporation (NASDAQ: INTC) shares are dropping after the chip giant's first quarter earnings report. The Intel Analysts: Rosenblatt Securities analyst Hans Mosesmann reiterated a Sell rating on Intel with a $40 price target. Needham analyst Quinn Bolton maintained a Buy...
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Apple Analysts Recap 'Spring Loaded': Why Podcast Subscriptions Are 'Significant,' AirTags A 'Sleeper Hit,' iPad Pro Blurs Line Between Mac, iPad
Wednesday, April 21, 2021 - 5:14pm | 890Apple, Inc. (NASDAQ: AAPL) unveiled Tuesday the long-awaited AirTag product, and also announced product upgrades and new services at its Spring Unloaded event. Here's what four Apple stock analysts and experts had to say. Munster Says Apple's Rollouts Add 3% To ...
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'SmartCast Is Just Getting Started': Analysts Initiate Coverage Of Vizio
Monday, April 19, 2021 - 3:34pm | 475Vizio Holding Corp (NYSE: VZIO) has recovered nicely from a rough start after the stock opened at $17.50 following its IPO in late March. Related Link: Why Did Netflix, Disney Apps Download Rates Take A Big Hit In March? Within its first two days of trading, Visio shares climbed back above...
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Why This Analyst Thinks Plug Power Stock Deserves Elevated Valuation
Wednesday, April 14, 2021 - 2:18pm | 400Shares of hydrogen and fuel cell manufacturer Plug Power Inc. (NASDAQ: PLUG) are trading well off the year-to-date high of $75.49 reached in late January. The Plug Power Analyst: Roth Capital Partners analyst Craig Irwin reiterated a Buy rating and $65 price target on Plug Power shares. The...
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Analyst Previews Curaleaf Earnings: 'Bellwether Of The U.S. Cannabis Industry'
Thursday, March 4, 2021 - 2:03pm | 421Shares of U.S. multi-state cannabis operator Curaleaf Holdings Inc. (OTCQX: CURLF) traded lower by 3.6% on Thursday morning, but one analyst has high hopes for the company’s fourth-quarter earnings report next week. The Analyst: On Thursday, Roth Capital Partners analyst Scott Fortune...